“Optimiza enables thyssenkrupp to meet rising customer expectations by enabling them to forecast demand on a mid and short-term level. It also gives us visibility on supply chain trends that allows future planning with optimal stock levels. Crucially, because it is linked to our internal systems, it combines internal data with customer forecasts and supplier information, which helps to highlight material shortages and other short-term challenges and enables us to take action.”
Chief Financial Officer, thyssenKrupp Aerospace
Companies use Optimiza to maximise service levels, increase customer loyalty and protect margins. They do this not only by aligning demand and supply processes but also through building, managing and executing a dynamic, agile and responsive demand and replenishment plan.
Optimiza customers align cross-functional teams internally and externally using the continuous improvement framework, and formalise their processes into a structured auditable system.
Demand Planning: Organisations know that forecast accuracy is able to yield a greater equivalent returns on a company’s financials than any other planning activity.
Inventory Optimisation: Optimiza Inventory Planner unlike traditional inventory re-ordering systems, builds a business specific inventory model that takes into account the unique supply, demand and flow characteristics of each product.
Supply Planning: Busy Inventory Planners have little time to validate supplier information, or monitor and prioritise existing orders. The direct results is that orders are placed based on what may be an over or under estimated lead time and potential issues are only identified at the back door.